ZF English
Kaufland, to hire 180 people at logistic centre near Turda
Discount hypermarket network Kaufland, owned by Germany’s LIDL&Schwarz, is set to hire around 180 people by yearend for its second regional distribution centre located in Mihai Viteazu loc...
How Electroprecizia returned to profit after 5 years of declining turnover
Electroprecizia Săcele (ELZY) electrical engine producer, owned by businessman Adrian Secelean, last year managed to return into the black with a net preliminary gain of 1.25m RON, after thr...
A new labour market giant: POSDRU. It made 20,000 new hirings
If it were regarded as an "enterprise", POSDRU - the EU human resources programme would be the biggest new employer: 20,000 people teaching staff, 500 million euros a year in salary payments...
One tonne of pitcoal extracted costs 75 euros, but is sold for 53 euros. How can this go on?
The cost of pitcoal mining in Valea Jiului (Romanian coal mining area) is 40% higher than the price at which it is sold to thermal power stations. The nearly 9,000 people employed by the Com...
Why the NBR no longer wants money from the IMF in its forex reserve
The Romanian National Bank has a forex reserve nearly double as high as Romania's short-term external debt, and can be considered excessive when compared with that of other central banks in...
Isărescu: The market is still distorted by lack of trust. The liquidity is there
Banks will resume lending to customers in the real economy because they have sufficient liquidity, anticipates NBR (National Bank of Romania) governor Mugur Isărescu, although bankers are st...
With over 2,000 vacant rooms, Goschy is looking at phone antennas for profit
With one in three rooms empty in the 3,500-hotel room empire built by buying several hotels from the state, Josef Goschy, owner of Unita Turism chain, is renting the roofs of the units and o...
Romtelecom brings Astral and RCS&RDS people to NextGen management
The general manager and another two members of the top management team of NextGen, a cable TV operator owned by Romtelecom, have been replaced with one of the best-known figures in the Roman...
Addenda can be scrapped only with the customers' consent, says Constitutional Court
Bankers need to have the customers' consent in order to scrap the addenda created based on Ordinance 50, on making retail loan costs more transparent, even if they were not signed by the deb...